News

Dermody Properties Announces New Lease in the Inland Empire

We recently announced a new lease at LogistiCenter℠ at Eastvale Building 6 in Southern California to a Fortune 500 company.

“Class A warehouse space in the Inland Empire is very competitive and hard to secure for logistics users,” said Matt Mexia, Partner in Southern California at Dermody Properties. “We were able to offer a premier Fortune 500 company an ideal location in the Inland Empire West as well as state-of-the-art construction and design features to meet their needs.”

LogistiCenter℠ at Eastvale is a Class A distribution and warehouse center consisting of a six-building logistics park totaling 1,057,419 square feet. Building 6 consists of 501,649 square feet and will be used as a distribution facility. LogistiCenter℠ at Eastvale is within close proximity to Ontario International Airport and offers immediate access to both the Interstate-15 and State Route-60 freeways.

Buildings 2, 3 and 4 within the park are available for lease, featuring between 61,263 square feet and 161,120 square feet. Each has at least a 30-foot clear height, between six and 21 dock high doors, and ample parking. Buildings 1 and 5 were leased last year.

“The Inland Empire has the tightest vacancy rate in the United States, yet we remain focused on sourcing acquisitions and ground-up opportunities to accommodate our customers’ needs,” said Elizabeth Kauchak, Chief Operating Officer at Dermody Properties. “Despite limited availability, we are pleased to continue this momentum in the region.”

Bill Heim and Alex Heim of Lee & Associates are the leasing agents for LogistiCenter℠ at Eastvale.

LogistiCenter℠, a nationally trademarked brand owned and developed by Dermody Properties, represents the company’s business philosophy of developing Class A distribution and logistics facilities that meet the supply-chain requirements of the most innovative companies.